You need to be backed by a super broker during your journey in the forex world, in order to reduce risks and rest assured that you are having the best services available in the market.

Lucky you, FBS is the one!

☑An international reliable broker trusted by more that 6 million traders around the world.☑Awarded on best promotions, services, and customer support by the most famous global financial institutions.☑And the most important; provides a high quality tarding experience that suits each and every type of traders.

FBS suggest you another trading book 📖 to help you improve your trading skills. In this case is the 🔖 ""7 winning trading strategies for trading Forex"" by Grace Сheng, a real pickup for WHYers, WHATers and HOWers, simply because in this book you will find the answers to all possible questions about trading Forex.

She will explain you all the trading subjects in just a few bullet points, so as you won’t need to refer to any other sources for further clarifications. In the end, you will like this book so much that it becomes your trading desk companion (addressing here mostly to novice traders), for constant reference and rereading.

To better familiarize yourself with the content of Ms. Cheng’s book, choose the trading account that best suits you and get profit by putting into practice the acquired knowledge! 👉https://goo.gl/NQMQKj

The spectacular decline of US stocks was the biggest event of last week. Dow Jones experienced a record fall: it lost more than 1,000 points in one day.

The US dollar took its chance to recover. Traders fear that the Federal Reserve will raise interest rates faster than expected. This may hurt profits of American companies, but boosts demand for the cheap dollar.

The USD index managed to return above 90.00 and has some chance for stabilization. Resistance is at 91.00.

Investors took profit on their bullish EUR/USD positions, and the pair slid by 1.4%. It has to rise above 1.2345 to resume uptrend. Decline below 1.2220 will open the way down to 1.2125 and 1.2080, although we think that the euro should be more or less stable given the euro area’s strong economy.

GBP/USD also corrected down last week. The Bank of England offered the pound a positive boost. It raised the UK economic forecasts and said that interest rates probably needed to rise sooner and faster than it had previously thought. However, the general market selloff affected the pound, and GBP/USD failed to stay above 1.40. Support is at 1.38 and 1.3665. Yet, fundamentals have improved and the pair may try to resume uptrend after some consolidation.

Australian and New Zealand dollars suffered because of the market’s risk aversion and the fact that central banks of these nations don’t plan to raise interest rates. Both AUD/USD and NZD/USD recovered by the end of the week, but still closed below the weekly moving averages.

Forex economic calendar for the coming days includes UK inflation figures on Tuesday, and US consumer inflation and retail sales on Wednesday. The flash European GDP figures will always be released in the middle of the week. Australian employment and US PPI will come out on Thursday and the speech of the RBA governor together with British retail sales and the US building permits are awaited on Friday.

In this video Tutorial Lesson 9: about the LOTSYou will learn that spot Forex trading was only available in specific amounts of base currency called lots.A standard size of a lot equals to 100 000 units of a base currency. Later on, when Forex market opened for traders with smaller capital, a mini and even a micro lot became available.

On the daily chart of XAU/USD, bulls manage to hold off an enemy attack at the $1,306-1,308.50 support. Another test of this area in case of success will increase the possibility of a pullback to $1273 and lower. The condition necessary for the uptrend’s resumption is a convincing break of resistance at $1350 an ounce.

On H1, much will depend on bulls’ ability to lead the pair outside of descending channel.

Overall a safe haven asset is an investment that is expected to strengthen during the periods of uncertainty. Besides other assets, some currencies are sought by investors to limit their exposure to losses when the market is in the state of risk aversion and they are known as Refuge Currencies.🔹 Which are these safe currencies?🔹 Which factors make investors buy one currency instead of another one?Find out in this article https://goo.gl/zfnEQWand tell us what currency do you think is the safest?

FBS is celebrating its 9th birthday, which is a very important milestone for our clients and the entire FBS family! We’ve accomplished so much during these 9 years:• Hit a milestone of 6 000 000 traders • Raffled 8 luxurious cars and held 6 Traders Parties • Received 38 international awards • Forwarded over $1 000 000 to charity • Opened over 10 000 000 accounts • Fulfilled 21 traders’ dreams with FBS Dreams Come True contest ""

Let’s celebrate this important day together — join FBS gift-for-all birthday promotion till February 28, congratulate FBS on its birthday, and get the coolest presents MacBook Pro, money gifts, drones, and many more!🎁

There's a bearish "Pennant", so the pair is likely going to achieve the nearest support at 1.3741. Meanwhile, if a pullback from this level happens afterwards, bulls will probably try to reach the next resistance at 1.3895 - 1.3944.

The market is consolidating between the Moving Averages. The main intraday target is the closest support at 1.3763 - 1.3741. This area could be a departure point for a bullish price movement in the direction of another resistance at 1.3895 - 1.3944.